10949 (v.4) WASM International Resource Trade 601


Area: WASM Mineral Economics Teaching Area
Credits: 12.5
Contact Hours: 16.0
 
** The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline. **
 
Lecture: 4 x 4 Hours Weekly
Anti Requisite(s): 13005 (v.2) WASM International Resource Competitiveness 601 or any previous version
Prerequisite(s): 10939 (v.4) WASM Natural Resources Economics 601 or any previous version
 
Syllabus: The importance of minerals trade, trade and growth, the balance of payments, basis for trade - factor endowments and exchange, factor mobility or commodity trade - the alternatives, factor price equalisation - which factors? Pricing and trade mechanics. Market structure - multinationals and vertical integration - international price/quantity stabilisation, market disequilibrium - trade barriers, interventions, restrictive trade practices. Transport - physical Issues, process location and product specs, costing and netbacks. Trade finance and risk - principals and agents, physical - risk and hedge, exchange rates - PPP and practice and theory, spot rates and forward rates, exchange risk - some practice. Additional considerations - external influences such as environmental issues and technical transfers. Actual tuition undertaken as 16 hours of class in a four day module.
 
** To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement. **
 
Field of Education: 091900 Economics and Econometrics (Narrow Grouping)
Funding Cluster: 02 - Accounting, Administration, Economics, Commerce
SOLT (Online) Definitions*: Not Online
*Extent to which this unit or thesis utilises online information
Result Type: Grade/Mark

Availability

Year Location Period Internal Partially Online Internal Area External Central External Fully Online
2005 Bentley Campus Semester 2 Y        
2005 Bentley Campus Study Period 1 (Summer) Y        
2005 Bentley Campus Trimester 1 Y        
2005 Bentley Campus Trimester 2 Y        
2005 Bentley Campus Trimester 3 Y        
2005 Kalgoorlie Campus Trimester 1 Y        
2005 Kalgoorlie Campus Trimester 2 Y        
2005 Kalgoorlie Campus Trimester 3 Y        
Area
External
refers to external course/units run by the School or Department or offered by research.
Central
External
refers to external and online course/units run through the Curtin Bentley-based Distance Education Area
Partially
Online
Internal
refers to some (a portion of) learning provided by interacting with or downloading pre-packaged material from the Internet but with regular and ongoing participation with a face-to-face component retained. Excludes partially online internal course/units run through the Curtin Bentley-based Distance Education Area which remain Central External
Fully
Online
refers to the main (larger portion of) mode of learning provided via Internet interaction (including the downloading of pre-packaged material on the Internet). Excludes online course/units run through the Curtin Bentley-based Distance Education Area which remain Central External